Obviously the option reflects the stock, so you're saying you hold long(call) or short(put) based off of the overall performance of the stock, and that has worked for you? I'm also confused on how the value of stock goes down, but the bid and ask of the option increases.
Not based on the overall performance: I look the stock chart to see where the price is at (resistance, supports, channel uptrend, channel downtrend and etc), I also look at stock volume, catalysts and, most important, how liquid de Option Chain is and the option interest at the strike price Im interested. Options price acts different with Puts and Calls, all based upon the strike price: for a Call with a 50 strike, the price will go higher when the stock price goes higher than 50; for a a Put wi
for a a Put with the same strike, the Put price will go higher when the stock price goes lower than 50.
Profit.ly had a couple option traders a long time ago but they didn't last long. About a month ago, another user asked about options. http://profit.ly/user/DaMicroTrader/blog/any-notable-options-traders-to-follow
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I'm thinking that's solid man! I was short SEMI on a bounce after today's crash but cut losses quickly! .. Ideally I should of re-shortd but the fact that it just went red signifies a ton of weakness. What's your entry? I might hold over the weekend if an opportunity presents itself in the afternoon!
Holding short over the weekend is incredibly risky!! Tim talks about this a lot in his HTMM DVD.
I understand it's risky, but I think it's less risky in the overall down market. It'll probably perk up into the market close, which would be my short entry. It doesn't have much upside potential left, and today is a small red day so far. I'm out of day trades, so I'm looking for over night holds, and I think this is a possibility.
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I bought and held overnight because this spike was really strong and I thought it might morning gap up. Cut losses for a 25$ Loss and the stock went really sour after that. Be cautious, don't force trades, cut losses quick, and be discipline! Take your profits and RUN!!
Review the video lessons. Focus on the psychology and basic s/r. Did it break support? Did it go green to red? Price action lower highs? STUDY
like people have said it was overextended on the daily but also what comes into account is the trading psychology and technical indicators. A lot of people who bought in the last two days never had a reason to sell, or take profits, so as the stock gapped down to red and put in a lower high in premarket it was an indicator that it may downtrend. so the people that were holding finally had their first reason to take profits.
also people sometimes buy and just put in stop orders, so when the stock opened down a bunch of stop losses may have gone off taking the stock down even more with market orders. so the combination of those two things with shorts piling on to the down trend it has the chance to cause a morning panic. Just a few factors to think of
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Hi, Ray. The volume on MEIP is really not there. I would be hesitant, and not very confident, trading the stock due to the overall lack of volume. It seems like I good dip buy, but only if volume picks up. Until then, I'd stay away.
Thank you very much @Scalzo2016 i appreciate the tip. Im new to the stock world and learning the ropes. Thank you
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Also, TRXC is very reactant to news. It uptrended today based off of news, but it also frequently panics in the morning. Positive press was released of the stock today, so I will watch for a dip buy if it panics and picks up.


there are probobly laptop charging cases out there but they may not be known but ok ill take it
Personally i'm always close to an outlet so it's not an issue for me. As for needing a laptop for papers as i'm travelling, etc. i specifically bought a $20 typewriter for that since it doesn't need any electricity lol. I'm not quite sure what a laptop charging case is, but i would only spend $200 on it if it could power my laptop for a whole week.
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